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Could trash-to-energy technology feed hydrogen demand? Still, there is potential for clean — low- or zero-carbon — hydrogen to take off, energy experts believe. The annual demand could reach 19,120,458,891 tons by then, representing a tenfold increase from 2015 to 2050. . Arlene Karidis. Wed, 07/15/2020 - 01:00.
Sustainable investing is changing global supply chains: 4 key takeaways. Sustainable investing strategies have ascended quickly in the last 10 years. Morgan Global Equity Research estimated that the sustainable investing market is expected to reach $45 trillion in assets under management (AUM) by the end of the year.
Electrolysis technology, when driven by renewable energy sources, produces “green hydrogen” with no carbon emissions. This staggering price difference has led to a slow market takeoff, highlighting the pressing need for greater demand-side incentives and policy intervention.
An offset program like UPS’s carbonneutral service , though, can help minimize these emissions, paving the way for a new era of sustainable shipping. Business owners or executives can then implement this service into their supply and demand operations, demonstrating a commitment to reducing emissions.
There’s a new kid on the block of sustainability claims being made by businesses: "plastic neutrality." And, much like the market for carbon offsets, it’s messy. . The new term "plastic neutrality" is being used to convey that a company has offset its "plastic footprint.". Consider carbon markets again.
The move shows the efforts that Amazon is willing to go to eke out carbon emissions across its vast network of planes, vehicles and distribution centers that deliver on-demand goods across the globe. Amazon has pledged to reach net-zero carbon emissions by 2040, and says it will make sure half of Amazon shipments are net-zero by 2030.
One of the world’s largest oil and gas companies is betting that the future of flying is carbon-neutral. CORSIA applies only to international flights, which account for the majority of aviation’s carbon footprint and around 1.3 Supply, meet demand. percent of global greenhouse gas emissions, according to ICAO.
Meeting AIs Energy Demands with Innovative Solutions Artificial intelligence has seen explosive growth over the past few years, with generative AI tools like ChatGPT igniting the demand for powerful computing infrastructure. While these operations are not yet completely carbon-free, the benefits are clear.
US Introduces New Hydrogen Incentives As the race towards carbonneutrality intensifies, the U.S. government is gearing up to make significant strides in clean energy with the introduction of demand-side incentives for hydrogen. is poised to make significant progress in its clean energy goals. In conclusion, the U.S.
Company is going all-electric and funding a new Yale center for applied research focused on carbon-negative technologies. announced this week that it wants to achieve carbon-neutral operations globally by 2040. Key steps toward reaching the FedEx carbonneutral goal include: Vehicle Electrification. FedEx Corp.
Carbon marketplace hawks credits in businesses that store CO2 with their products. As corporate interest in carbon removal options grows, Puro.earth , a startup from Finland, is offering a twist on carbon marketplaces. Gloria Oladipo. Mon, 08/31/2020 - 05:00.
We also believe that scale of investment in solving wicked water problems is grossly inadequate, whether at the watershed level, supply chain, operations or engagement on public policy and with civil society. The World Resources Institute has revised its predictions of the water supply-demand deficit to 56 percent by 2030.
The company is currently advancing more than 30 green hydrogen projects across Europe and is investing heavily in infrastructure to meet future demand. Hydrogen that is entirely carbon-free and ready to fuel industrial applications, including those at TotalEnergies refinery. The result? RWE isnt stopping at production.
But CEO Mark Schneider took pains to position this investment as one that will be "earnings-neutral.". Nestlé will discuss its climate-related progress and investments on an ongoing basis, with the long-term view in mind. Our actions will boost demand," Schneider said during the briefing. "We Media Source. Courtesy of.
An inside look at pricing in the forest carbon market. In January 2020, Microsoft committed to invest $1 billion over the next four years as part of their Climate Innovation Fund. And on July 21, Apple committed to become 100 percent carbonneutral across its entire business, supply chain and product life cycle by 2030. .
Tata Steel UK says it has achieved a significant milestone in its decarbonisation journey after delivering its first Optemis® Carbon Lite steel to infrastructure supplier, Boecker Stahl-Service. Further deliveries of Carbon Lite steel to the Niedax Group are due in the coming weeks.
However, realizing this potential in the United States is hampered by the slow rollout of necessary investment and incentive frameworks. leans towards a “carrot”-based approach within a technology-neutral framework, making bipartisan support for such mandates much harder.
The strategy, which emphasizes technological advancements, infrastructure development, and collaboration, was framed as a key pillar in Toyotas multi-pathway approach to achieving global carbonneutrality. Hydrogen, particularly in sectors with outsized carbon footprints, is a game-changer.
This initiative aims to reduce carbon emissions at BPs Castelln refinery, ultimately transforming it into an integrated energy center. This vital equipment will handle the immense energy demands required to sustain the plants green hydrogen production. Manufacturing and delivery are slated for the first quarter of 2026.
Notably, the statement emphasized a commitment to "achieving carbonneutrality by 2050, to promoting research collaboration and to increasing trade and investment in clean technologies and renewables that help enable a green and just transition."
Tyczka Hydrogen’s New Project and Key Investment Tyczka Hydrogen is making headlines with its announcement to build a state-of-the-art 5 MW electrolysis plant and hydrogen refueling station in the Port of Schweinfurt, Germany. Electrolysis involves splitting water into hydrogen and oxygen using electricity.
Although many organizations have adopted ESG principles, executives and boards could do more to meet the demands of institutional investors, customers, employees and other stakeholders especially in regard to climate change risk. Rising demand for sustainable solutions. Furthermore, every business has a measurable carbon footprint.
CEO KR Sridhar highlighted that Bloom Energy is poised to support the increasing energy demands of data centers, particularly those incorporating AI-driven workloads. Blooms SOFCs provide a solution tailored for these needs, offering cost-effective and resilient power infrastructure while significantly reducing carbon emissions.
Michelin Embarks on Advancing AEM Electrolyzer Technology for Green Hydrogen Breakthrough Global tire giant Michelin is making waves in the hydrogen sector with its significant investment in anion exchange membrane (AEM) electrolyzer technology. The development also aligns well with global hydrogen strategies.
With advancements seen in carbon fiber hydrogen tanks and scaled-down fuel cells, DMI’s expertise enriches the company’s hydrogen ecosystem. Importance and Timelines The global push for carbonneutrality and reduced reliance on fossil fuels underpins Doosans focus on hydrogen energy.
Contribution to CarbonNeutrality : By leveraging Indonesia’s geothermal resources, TEPCO aims to support global efforts toward achieving a carbon-neutral future while strengthening its role in renewable energy advancements.
Its not just a cost; its a calculated move to recover the massive upfront investment in infrastructure while keeping costs manageable enough to entice early adoption. The fixed-rate structure and regular price reviews every three years offer transparency while creating a predictable market environment for investments.
In a statement published on its website earlier this week, the world's largest shipping company said the ocean-going vessels, which can be powered by carbonneutral methanol or traditional bunker fuel, would generate roughly one million of annual CO2 savings by replacing older, more emissions-intensive ships.
This region plays a vital role in advancing Chinas clean energy goals, and Sinopec’s increased production will help meet the rising demand for hydrogen in transportation, industry, and other sectors. Billion Investment in Clean Energy Sinopecs investments reflect its long-term commitment to hydrogen and green fuels.
Eco tech firm Pawprint has launched a second crowdfund and announced that global investment company Standard Life Aberdeen is the latest business to become a “Pawprint Pioneer”, a programme that aims to support firms in maintaining a leadership position in the fight against climate change.
As such, it has an ethical imperative to adopt practices that lead to carbonneutrality. Cutting their carbon emissions to zero – as many have pledged – might appear to be an impossible task. million tonnes/year of carbon dioxide equivalent. One day, they will expect these products to be completely carbonneutral.
He pointed out that the efforts to reduce carbon emissions would simultaneously enhance the EU’s competitiveness and elevate living standards for its citizens. Embracing Technology Neutrality Jørgensen emphasized a technology-neutral strategy as essential for the EU’s energy future.
Shell’s Ambitious Green Energy Investment Strategy Shell has announced plans to invest between $10 and $15 billion from 2023 to 2025 to develop low-carbon energy solutions. This investment highlights Shell’s strategy to transition to a sustainable energy future, with $5.6
These systems are designed to store hydrogen at high pressures safely, ensuring that trains can achieve the efficiency and range demanded by commercial rail operators. The state has consistently invested in green infrastructure, ensuring robust support for research, development, and implementation of innovative energy solutions.
Within the next few years, these innovations are poised to redefine long-haul freight, a sector notorious for its substantial carbon footprint. Testing Under Extreme Conditions To ensure reliability under demanding conditions, Daimler recently took its GenH2 Trucks to the Simplon Pass in Switzerland.
The growing focus has led to a surge in demand for environmental consultants. Here’s why environmental consulting jobs are in such high demand today — let’s begin! This has significantly boosted the demand for consultants who specialize in understanding and navigating these complex regulations.
billion) investment in a green steel production facility set to be constructed in Duisburg. This ambitious project places Thyssenkrupp at the forefront of the green steel transition, a vital step for decarbonizing one of Europes most carbon-intensive industries. Once fully operational, the plant is expected to produce over 2.5
AT&T pledged to be carbon-neutral by 2035, a step up from its previous goal to reduce Scope 1 emissions by 20 percent and Scope 2 emissions by 60 percent. Walmart pledged to become carbon-neutral across its global operations by 2040 — without relying on offsets. Morgan Stanley became the first major U.S.
Projects include hydrogen-powered cornflake production and low-carbon Scottish whisky distillation. The company plans to use hydrogen to fuel their cereal making process in Manchester, backed by around £3 million of government investment. million government investment in new thermal heating technology. CCUS Innovation 2.0
Could green hydrogen be key to a carbon-free economy? The Saudis are going big on something called green hydrogen — a carbon-free fuel made from water by using renewably produced electricity to split hydrogen molecules from oxygen molecules. is California’s aggressive push toward a carbon-neutral future. Jim Robbins.
In early March, Zagreb will host the first-ever Geothermal Investment Forum Croatia 2025 (GIFC2025) , the first international conference in Croatia dedicated exclusively to geothermal energy. Recognized as a key driver in achieving climate neutrality by 2050 under the European Green Deal, geothermal energy is gaining increasing prominence.
Blue hydrogen is produced from natural gas, with carbon capture and storage (CCS) technology scooping up the resulting CO2. The EU is aiming to be net-zero carbon across all sectors by 2050. Hydrogen is likely to play a substantial role in getting carbon out of those hard-to-reach sectors like heavy industry and freight.
meters, the Flow network will have a capacity to transport substantial quantities of hydrogen, offering an efficient solution to address the expected increase in demand. With Europe aiming for carbonneutrality by 2050, hydrogen features prominently in the regions energy strategy. With a pipeline diameter of 1.4
Australian blockchain pioneer Powerledger’s Montreal Commons project is set to be one of the world’s first carbonneutral apartment buildings. During times of peak demand they can then buy back electricity from the on-site battery at an agreed price. Sign up to our newsletter and stay informed.
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